Canada

Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit

Cecilia Jamasmie | July 3, 2015
Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit

The extension is for the miner's permits for emissions into the atmosphere and waste disposal into the tailings pond.

The missing diamond shortage

Bloomberg | July 3, 2015
Alrosa sells bank, to focus exclusively on diamond mining

If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake.

Mongolia’s mining sector ready to take off again — Erdene Resource

Cecilia Jamasmie | July 2, 2015
Mongolia’s mining sector ready to take off again — Erdene Resources

The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.

B.C. government cleared by privacy commissioner on Mount Polley

Business in Vancouver | July 2, 2015
B.C. government cleared by privacy commissioner on Mount Polley

The B.C. government did not fail in its duty to proactively disclose concerns that had been raised over the Mount Polley tailings pond, the province's Information and Privacy Commissioner said Thursday.

Kyrgyzstan Gov’t told to ensure ‘smooth sailing’ for Centerra Gold’s Kumtor mine

Cecilia Jamasmie | July 1, 2015
Kyrgyzstan Gov’t told to ensure ‘smooth sailing’ for Centerra Gold’s Kumtor mine

Negotiations between the parties, however, are expected to continue over the summer.

UNESCO asks Canada to check impact of oil sands projects on national park

Cecilia Jamasmie | July 1, 2015
UNESCO asks Canada to check impact of oil sands projects on national park

The move comes in response to a petition filed by Fort Chipewyan’s Mikisew Cree First Nation last month, asking for help protecting the park.

Sirius gets green light to build UK’s largest potash mine

Cecilia Jamasmie | July 1, 2015
Sirius gets green light to build UK’s largest potash mine

A special committee voted 8-7 in favour of the project, expected to generate at least 1,000 permanent jobs and inject US$1.6 billion a year to the British economy.

Decision on Mt Polley mine re-opening ‘imminent’: B.C. mines minister

Cecilia Jamasmie | June 30, 2015
Decision on Mt Polley mine re-opening ‘imminent’: B.C. mines minister

British Columbia's energy minister said the official announcement may come "any time" now.

Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

Cecilia Jamasmie | June 30, 2015
Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

The miner is spending $1.3 million in exploration work aimed to reopen a historic tin-indium mine in Nova Scotia.

False gold scam in Canada results in arrest of Chinese national

CBC News | June 30, 2015

Bao Sheng Zhong, a Chinese national living in Richmond, B.C., now faces three counts of fraud for allegedly scamming two Asian women and one Asian man from the Lower Mainland.

Mongolia to pay $100 million owed to Canada’s Khan Resources

Cecilia Jamasmie | June 29, 2015
Mongolia to pay $100 million owed to Canada’s Khan Resources

The company, however, says it has not yet received any direct communication from Mongolia on the matter.

Iamgold trims 2015 output forecast over earthquake disruption at Quebec mine

Cecilia Jamasmie | June 29, 2015
Iamgold trims 2015 output forecast over earthquake disruption at Quebec mine

The Canadian miner said it expects the lower output to "adversely" impact costs at the mine.

BHP tipped as favourite in race for Barrick’s Zaldivar mine in Chile

Cecilia Jamasmie | June 29, 2015
BHP tipped as favourite in race for Barrick’s Zaldivar mine

BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.

Royal Nickel announces C$12 million royalty and private equity financing

Royal Nickel Corporation | June 29, 2015

Letter of intent signed with Orion Mine Finance

Coal-fired power plants feel the heat of Alberta’s new carbon tax rules

Financial Post | June 26, 2015

Industry actors such as the CEO of Capital Power Corp. are worried Alberta could force the early retirement of coal-fired power plants.

Paragon Diamonds sees at least $160m in revenue from Lesotho mines

Cecilia Jamasmie | June 26, 2015
Paragon Diamonds sees at least $160m in revenue from Lesotho mines

The miner, which does not yet generates any income, expects to kick-off production at its Lemphane and Mothae mines later this year.

Alberta's new emissions levy costly — Canadian energy industry

Cecilia Jamasmie | June 26, 2015
Alberta's new emissions levy costly — Canada’s energy industry

By 2017, large emitters will have to reduce the intensity of greenhouse gases by 20%, while carbon levies will double from $15 a tonne to $30 a tonne.

Takeover approach shakes up potash market

Frik Els | June 25, 2015
Takeover approach shakes up potash market

Potashcorp shares jump after making unsolicited bid for Europe's largest potash producer amid fundamental shifts in the industry.

Dismal state of TSX-V in two crushing graphs

Frik Els | June 25, 2015
Dismal state of TSX-V in two crushing graphs

Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.

Royal Nickel shares jump after Dumont permit

Frik Els | June 25, 2015
Royal Nickel shares surge after Dumont permit

Final regulatory hurdle before construction can start at $2.8 billion nickel project in Quebec, Canada.

Zambia to slash royalties, reinstate mining tax

Cecilia Jamasmie | June 24, 2015
Zambia to slash royalties, reinstate mining tax

The move puts an end to a nearly nine-month standoff that has hit output and profits in Africa’s second largest copper producer.

Study finds elevated greenhouse gases from Canadian oil sands' crude

NASDAQ OMX | June 24, 2015

A new peer-reviewed study funded by the U.S. Department of Energy says oil extracted from Canada's oil sands produces greenhouse-gas emissions that are an average 20% higher than for conventional U.S. crude.

Integra Gold Corp. launches Cdn $1,000,000 crowd-sourcing gold rush challenge

Marketwired | June 23, 2015

The objective is to try finding Val-d'Or's next big gold discovery.

Chile may revoke Teck’s copper mine permit over environmental breaches

Cecilia Jamasmie | June 23, 2015
Chile may revoke Teck’s copper mine permit over environmental breaches

Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.

Australia’s Paladin Energy gets historic ok to run uranium mine in Canada

Cecilia Jamasmie | June 23, 2015
Australia’s Paladin Energy gets historic ok to run uranium mine in Canada

Until now Canadian companies needed to have at least 51% stake in any uranium project.

The world is awash in oil — is Canada making it worse?

CBC News | June 23, 2015
EU spares Canadian oil sands the ‘dirty fuel’ label

Collectively, Canada's energy sector lost more than $600 million in the first three months of this year, and the Canadian economy shrank in the same period, as the collapse in oil prices took its toll.

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